Not everyone is able to just go buy a new $5,000 handbag at the drop of a dime. While every handbag lover would love to fill their closets with the most luxurious handbags, it is just an addiction that’s too expensive for most of us to persist.
I recently stumbled upon a handbag rental service; Of course, I was taken back. Thinking who in their right might would rent a handbag. But the internet is full of these types of companies. Just like shopping online for other items, you can temporary own your very own luxury handbag without paying hundreds of thousands of dollars.
What I ultimately realized is that renting a designer handbag, would give forward the opportunity to see, feel, touch, wear, and possibly fall in love with a bag before without actually buying it. In addition to the senses, we can also accessory any of our outfits with a designer bag on every occasion. So, you want to try that brand-new Chanel bag, sure rent it before you buy it.
How about renting a designer dress for a minimal cost?
Below are the top 5 places to rent a bag:
Rent The Runway
Location: New York, Washington DC, Chicago, Topanga, San Francisco
Rentals Type: 4- 8 days, monthly and “unlimited” subscription
Launched in 2009, this website allows you to rent designer dresses for roughly 15% of its retail price. Expanding to the world of rental handbags and accessories in 2010, Rent the Runway continues to add even more items to their inventory.
Today you can rent anything from designer sunglasses that retail over $500 dollars to that vary handbag you have been eyeing for the last year.
Rent the Runway currently has five stores all located within the US. If you are interested in being styled, you can book an appointment and view their dream closet. You can also pick out new pieces and drop off old ones in their store.
Rent the Runway’s website has a large range of styles. They carry sizes from the infamous 0 to 22. As mention before, they carry all of the designer handbags in their catalog. They are on a subscription rental model.
Bag Borrow or Steal
Location: Seattle, WA USA
Rentals Type: monthly and subscription
Founded in 2004 and was one of the first “Netflix for handbags” in the niche. It’s gone through a name change in 2008 and reverted back to the cheeky name that customers refuse to let go. Made famous by Sex and the City (movie) where Jennifer Hudson, as Carrie Bradshaw’s assistant, is able to carry designer high-end bags on rental, the brand was introduced to the vast Sex and the City audience.
Currently, Bag Borrow or Steal allows you to: rent luxury brand bags for an unlimited time, buy pristine, vintage, pre-loved bags and sell your pre-loved handbags, accessories, and clothing. Rental prices start at just $50/month for mid-designer labels like Tory Burch and MICHAEL Michael Kors and go up to around $500 – $600/month for high-end purses from Chanel and Louis Vuitton.
Bag, Borrow or Steal offers photos of the exact bag, blemishes and all for just for your FYI. Some of the major brands include Chanel, Fendi, Gucci, and Hermès. Aside from renting designer handbags, the company also buys used designer bags, accessories, and shoes.
Location: Denver, CO USA
Rentals Type: monthly
Currently, the site offers a monthly subscription plan, where you can rent your preferred handbag (also called ‘gems’). There is a limit of up to two handbags that can be rented at a given time but this option is only given to long-time customers who have developed a good borrowing history with the website.
Prices for the purses range from $60 up to $350 for the more high-end brands. Chanel purses, which are some of the most popular gems in the site, are priced at around $500 per month. Shipping is covered by ArmGem unless the rental is less than $100/mo. While its inventory is small, the site carries a good variety of the major high-end brands such as Louis Vuitton, Chanel, and Gucci as well as new brands such as Rebecca Minkoff, Tory Burch, and Tom Ford.
Rental Type: exclusive monthly subscription
Bagtropolis offers customers a way to buy, layaway and rent pre-owned designer handbags. You can borrow directly from their catalog but you must sign up for their Exclusive Rental Club. In this membership, customers can enjoy renting a single designer bag each month. Their designer handbag inventory includes Chanel, Balenciaga, Celine, Chloe, Christian Dior, Prada, Marc Jacobs, Coach, Tods and more.
Bagtropolis monthly membership is $99 per month, with a one-time sign-up fee of $199 for new members.
Location: Texas, USA
Rental Type: 7 days or 30 days
Bag Romance, formerly known as Supursestyle, is another popular website for designer handbag rental. The company was founded in 2015 but recently received a major update and brand makeover, hence the name change.
Bag lovers can rent a handbag for either 7 days or 30 days, for a fraction of their original retail price. Rental fees start at just $45 for the 7-day period and around $75 for the 30-day period. More high-end purses from labels like Louis Vuitton and Saint Laurent are priced at $100 – $200 weekly. Aside from the typical totes and purses, Bag Romance offers evening clutches from the likes of Jimmy Choo and Edie Parker, which are perfect for formal events. Up to two handbags at a time can be borrowed but only if you have developed a good standing or reputable history with them. A secondary security deposit will also be required for the second handbag.
There are other coming in the space like Nordstrom creating the Trunk club so you can rent their bags and clothing as well as other major retailers such as Express, AE, etc. Be on the lookout for our upcoming review on the company and subscriptions.